Project Cost Contingency Estimation Modeling Usinj Risk Analysis and Fuzzy Expert System

• Main Author: Rohman, Mohammad Arif
• Format: Thesis
• Language: English
• Published: 2009
• Subjects: TA Engineering (General). Civil engineering (General)
• Online Access: http://utpedia.utp.edu.my/9390/1/2009%20-Project%20Cost%20Contingency%20Estimation%20Modeling%20Using%20Risk%20Analsis%20And%20Fuzzy%20Expert%20System.pdf; http://utpedia.utp.edu.my/9390/
• Institution: Universiti Teknologi Petronas

Determination of the appropriate project cost contingency, especially during the tendering stage is very important to ensure a successful bidding of the project. Setting too high a cost contingency will not make the tender look competitive, while putting too low will not cover risks that may caus...